IMF Wades Into Yuan Debate, Warns on Risks of Trade Tensions

Following the conclusion of the IMF’s annual review of China’s economy, fund officials said the country’s low inflation relative to price levels among its trading partners has led to a weaker yuan in real terms. “As the second-largest economy in the world, China is simply too big to generate much growth from exports,” IMF Managing Director Kristalina Georgieva said at a press briefing in Beijing on Wednesday.